What is Madagascar's GDP?

The GDP figure for the latest year published by INSTAT is shown at the top of this page, in billion ariary at current prices, with its real growth.

What is Madagascar's economic growth rate?

Real growth is featured on this page: the annual change of GDP at constant prices (2007 base), computed from INSTAT's national accounts.

How far back does the GDP history go?

Back to 1984. INSTAT retropolated the 1984-2006 accounts into the 2007 base, which splices them into the rebased accounts: the page presents that continuous series, with the full annual table.

Is this data available via API?

Yes. Nominal and constant-price GDP are exposed as JSON on api.stileex.xyz/v1/series/mg/gdp/latest, for your services and your agents.

Madagascar GDP

Name: Madagascar GDP
Creator: Stileex
License: https://creativecommons.org/licenses/by/4.0/

The gross domestic product published by INSTAT (national accounts, 2007 base): size, real growth and a continuous history since 1984.

In 2024, Madagascar's gross domestic product (GDP) stands at 79,615 billion ariary at current prices, a real growth of +4.3 % year on year. Source: INSTAT (national accounts, 2007 base).

GDP (current prices)

79,615 bn Ar

Year 2024, latest published

Stileex indicator

Real economic growth

+4.3 %

Change of GDP at constant prices (2007 base) in 2024 versus the previous year.

Madagascar's GDP since 1984

GDP at current prices, in billion ariary. A continuous series: the retropolated accounts (1984-2006) splice into the rebased ones (2007 onwards), 2007 base year. Source: INSTAT.

Show the annual values

Year	Nominal GDP (bn Ar)	Real GDP (bn Ar)	Real growth
2024	79,615	24,079	+4.3 %
2023	71,036	23,081	+4.2 %
2022	62,843	22,144	+4.1 %
2021	54,978	21,264	+4.7 %
2020	49,436	20,319	-7.1 %
2019	51,035	21,881	+4.4 %
2018	45,886	20,956	+3.2 %
2017	41,059	20,308	+3.9 %
2016	37,638	19,539	+4.0 %
2015	33,216	18,789	+3.1 %
2014	30,241	18,218	+3.3 %
2013	27,418	17,630	+2.3 %
2012	25,415	17,233	+3.0 %
2011	23,394	16,729	+1.6 %
2010	20,863	16,470	+0.6 %
2009	18,813	16,368	-4.0 %
2008	18,323	17,046	+6.7 %
2007	15,974	15,974	+6.4 %
2006	13,933	15,008	+5.5 %
2005	11,906	14,219	+5.0 %
2004	9,727	13,540	+5.4 %
2003	8,172	12,850	+8.8 %
2002	7,220	11,807	-10.1 %
2001	7,018	13,131	+5.9 %
2000	6,141	12,399	+4.6 %
1999	5,401	11,854	+4.6 %
1998	4,719	11,328	+3.2 %
1997	4,180	10,973	+2.7 %
1996	3,817	10,683	+1.6 %
1995	3,177	10,513	+1.2 %
1994	2,208	10,384	-0.2 %
1993	1,514	10,400	+2.1 %
1992	1,328	10,188	+0.9 %
1991	1,156	10,094	-5.7 %
1990	1,095	10,704	+14.4 %
1989	830	9,358	+4.5 %
1988	723	8,957	+2.3 %
1987	575	8,752	+1.2 %
1986	477	8,646	+2.3 %
1985	415	8,451	+0.9 %
1984	370	8,373	-

Split by sector

Each sector's share of value added in 2024, at current prices.

Primary sector

23.3 %

17,452 bn Ar

Secondary sector

18.0 %

13,508 bn Ar

Tertiary sector

58.7 %

43,986 bn Ar

Each sector's share of the three sectors' total value added, at current prices. The sum of the sectors, adjusted for FISIM, gives GDP at basic prices. Source: INSTAT.

See the money supply See consumer prices

Method and source

The gross domestic product comes from the rebased national accounts published by INSTAT (2007 base year). We structure the current-price and constant-price levels into clean series, compute real year-on-year growth, and splice the retropolated series (1984-2006) into the rebased accounts. Indicative figures, not contractual.

Source: Institut National de la Statistique (INSTAT)

API access

Nominal and constant-price GDP are available as JSON, for your services and your agents.

GDP (current prices): GET https://api.stileex.xyz/v1/series/mg/gdp/latest
GDP (constant prices): GET https://api.stileex.xyz/v1/series/mg/gdp-constant/latest
All series: GET https://api.stileex.xyz/v1/series/mg

Frequently asked questions

What is Madagascar's GDP?: The GDP figure for the latest year published by INSTAT is shown at the top of this page, in billion ariary at current prices, with its real growth.
What is Madagascar's economic growth rate?: Real growth is featured on this page: the annual change of GDP at constant prices (2007 base), computed from INSTAT's national accounts.
How far back does the GDP history go?: Back to 1984. INSTAT retropolated the 1984-2006 accounts into the 2007 base, which splices them into the rebased accounts: the page presents that continuous series, with the full annual table.
Is this data available via API?: Yes. Nominal and constant-price GDP are exposed as JSON on api.stileex.xyz/v1/series/mg/gdp/latest, for your services and your agents.